v3.26.1
Restructuring (Tables)
 6 Months Ended
Jun. 30, 2026
Restructuring and Related Activities [Abstract]  
Summary of Activity of Restructuring
Restructuring charges by segment for the three and six months ended June 30, 2026 and 2025 were as follows:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Sealing Systems (a)$6,224 $2,735 $7,967 $4,256 
Fluid Handling Systems9,770 79 12,002 533 
Corporate and other1,069 38 1,726 174 
Total$17,063 $2,852 $21,695 $4,963 
(a)    Restructuring charges incurred during the three and six months ended June 30, 2026 are net of reimbursement already received and reimbursement expected to be received in the future.
Schedule of Restructuring Reserve by Type of Cost
Restructuring activity for all restructuring initiatives for the six months ended June 30, 2026 was as follows:
Employee Separation CostsOther Exit CostsTotal
Balance as of December 31, 2025$12,200 $1,930 $14,130 
Expense (a)33,080 8,017 41,097 
Cash payments(14,567)(6,924)(21,491)
Foreign exchange translation and other(361)(441)(802)
Balance as of June 30, 2026$30,352 $2,582 $32,934 
(a)    Restructuring charges incurred during the six months ended June 30, 2026 exclude reimbursement already received and reimbursement expected to be received in the future, which is presented gross in other current assets in the condensed consolidated balance sheet as of June 30, 2026.